perenco uk limited Company Information
Company Number
04653066
Next Accounts
Sep 2025
Shareholders
perenco s.a.
Group Structure
View All
Industry
Extraction of natural gas
+1Registered Address
8 hanover square, london, W1S 1HQ
Website
www.perenco.comperenco uk limited Estimated Valuation
Pomanda estimates the enterprise value of PERENCO UK LIMITED at £1.9b based on a Turnover of £894.8m and 2.08x industry multiple (adjusted for size and gross margin).
perenco uk limited Estimated Valuation
Pomanda estimates the enterprise value of PERENCO UK LIMITED at £2.9b based on an EBITDA of £604.9m and a 4.73x industry multiple (adjusted for size and gross margin).
perenco uk limited Estimated Valuation
Pomanda estimates the enterprise value of PERENCO UK LIMITED at £359.2m based on Net Assets of £285m and 1.26x industry multiple (adjusted for liquidity).
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Perenco Uk Limited Overview
Perenco Uk Limited is a live company located in london, W1S 1HQ with a Companies House number of 04653066. It operates in the extraction of crude petroleum sector, SIC Code 06100. Founded in January 2003, it's largest shareholder is perenco s.a. with a 100% stake. Perenco Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £894.8m with rapid growth in recent years.
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Perenco Uk Limited Health Check
Pomanda's financial health check has awarded Perenco Uk Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs


4 Strong

4 Regular

4 Weak

Size
annual sales of £894.8m, make it larger than the average company (£56.8m)
£894.8m - Perenco Uk Limited
£56.8m - Industry AVG

Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (14.8%)
38% - Perenco Uk Limited
14.8% - Industry AVG

Production
with a gross margin of 50.8%, this company has a comparable cost of product (53.1%)
50.8% - Perenco Uk Limited
53.1% - Industry AVG

Profitability
an operating margin of 53.3% make it more profitable than the average company (29.1%)
53.3% - Perenco Uk Limited
29.1% - Industry AVG

Employees
with 749 employees, this is above the industry average (40)
749 - Perenco Uk Limited
40 - Industry AVG

Pay Structure
on an average salary of £107.3k, the company has an equivalent pay structure (£123.4k)
£107.3k - Perenco Uk Limited
£123.4k - Industry AVG

Efficiency
resulting in sales per employee of £1.2m, this is equally as efficient (£1.1m)
£1.2m - Perenco Uk Limited
£1.1m - Industry AVG

Debtor Days
it gets paid by customers after 36 days, this is later than average (26 days)
36 days - Perenco Uk Limited
26 days - Industry AVG

Creditor Days
its suppliers are paid after 10 days, this is quicker than average (25 days)
10 days - Perenco Uk Limited
25 days - Industry AVG

Stock Days
it holds stock equivalent to 20 days, this is in line with average (22 days)
20 days - Perenco Uk Limited
22 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Perenco Uk Limited
7 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 85.4%, this is a higher level of debt than the average (66.6%)
85.4% - Perenco Uk Limited
66.6% - Industry AVG
PERENCO UK LIMITED financials

Perenco Uk Limited's latest turnover from December 2023 is £894.8 million and the company has net assets of £285 million. According to their latest financial statements, Perenco Uk Limited has 749 employees and maintains cash reserves of £252 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 894,813,000 | 1,453,472,000 | 829,687,000 | 342,850,000 | 558,307,000 | 766,096,000 | 490,228,000 | 381,021,000 | 563,792,000 | 702,564,000 | 1,051,227,000 | 585,499,000 | 348,791,000 | 245,967,000 | 213,087,000 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 440,601,000 | 432,103,000 | 349,295,000 | 430,276,000 | 641,563,000 | 555,362,000 | 527,415,000 | 516,705,000 | 646,620,000 | 619,934,000 | 584,800,000 | 398,392,000 | 214,182,000 | 145,278,000 | 135,469,000 |
Gross Profit | 454,212,000 | 1,021,369,000 | 480,392,000 | -87,426,000 | -83,256,000 | 210,734,000 | -37,187,000 | -135,684,000 | -82,828,000 | 82,630,000 | 466,427,000 | 187,107,000 | 134,609,000 | 100,689,000 | 77,618,000 |
Admin Expenses | -23,118,000 | -162,465,000 | -15,218,000 | -13,583,000 | -5,137,000 | -62,936,000 | 4,059,000 | 138,731,000 | 227,916,000 | 28,330,000 | 29,625,000 | 1,013,000 | -21,012,000 | 3,555,000 | 2,422,000 |
Operating Profit | 477,330,000 | 1,183,834,000 | 495,610,000 | -73,843,000 | -78,119,000 | 273,670,000 | -41,246,000 | -274,415,000 | -310,744,000 | 54,300,000 | 436,802,000 | 186,094,000 | 155,621,000 | 97,134,000 | 75,196,000 |
Interest Payable | 44,275,000 | 15,785,000 | 2,741,000 | 20,735,000 | 33,371,000 | 26,705,000 | 25,992,000 | 30,236,000 | 41,999,000 | 68,075,000 | 50,781,000 | 35,851,000 | 20,578,000 | 19,853,000 | |
Interest Receivable | 45,261,000 | 19,218,000 | 291,000 | 1,274,000 | 5,230,000 | 3,796,000 | 1,463,000 | 1,996,000 | 2,443,000 | 3,320,000 | 4,440,000 | 1,481,000 | 1,392,000 | 4,765,000 | |
Pre-Tax Profit | 475,486,000 | 1,188,562,000 | 502,200,000 | -101,732,000 | -113,238,000 | 250,904,000 | -76,909,000 | -290,653,000 | -345,344,000 | 19,403,000 | 387,722,000 | 164,426,000 | 146,970,000 | 77,977,000 | 60,214,000 |
Tax | -322,138,000 | -633,272,000 | -188,374,000 | 54,150,000 | 53,353,000 | -94,435,000 | 43,765,000 | 157,693,000 | 298,025,000 | -619,000 | -254,259,000 | -128,862,000 | -54,979,000 | -49,030,000 | -33,238,000 |
Profit After Tax | 153,348,000 | 555,290,000 | 313,826,000 | -47,582,000 | -59,885,000 | 156,469,000 | -33,144,000 | -132,960,000 | -47,319,000 | 18,784,000 | 133,463,000 | 35,564,000 | 91,991,000 | 28,947,000 | 26,976,000 |
Dividends Paid | 548,000,000 | 185,612,000 | 100,000,000 | 50,000,000 | 63,399,000 | 15,000,000 | 95,000,000 | ||||||||
Retained Profit | -394,652,000 | 369,678,000 | 313,826,000 | -47,582,000 | -159,885,000 | 156,469,000 | -33,144,000 | -132,960,000 | -47,319,000 | 18,784,000 | 83,463,000 | -27,835,000 | 91,991,000 | 13,947,000 | -68,024,000 |
Employee Costs | 80,335,000 | 74,912,000 | 65,956,000 | 74,778,000 | 77,422,000 | 76,164,000 | 78,511,000 | 76,293,000 | 83,703,000 | 84,613,000 | 81,287,000 | 50,205,000 | 30,716,000 | 27,844,000 | 26,432,000 |
Number Of Employees | 749 | 701 | 701 | 745 | 766 | 770 | 757 | 814 | 913 | 925 | 829 | 548 | 329 | 296 | 318 |
EBITDA* | 604,910,000 | 1,278,279,000 | 661,365,000 | 92,236,000 | 265,775,000 | 468,559,000 | 214,074,000 | 92,215,000 | 4,391,000 | 325,520,000 | 712,465,000 | 269,478,000 | 155,621,000 | 142,624,000 | 119,546,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,017,846,000 | 963,248,000 | 1,796,594,000 | 1,759,102,000 | 1,378,003,000 | 1,143,886,000 | 1,039,613,000 | 1,049,601,000 | 941,112,000 | 1,215,666,000 | 1,271,133,000 | 1,506,957,000 | 1,023,177,000 | 336,115,000 | 344,746,000 |
Intangible Assets | 14,756,000 | 11,241,000 | 12,311,000 | 2,758,000 | 48,127,000 | ||||||||||
Investments & Other | 4,938,000 | 1,651,000 | |||||||||||||
Debtors (Due After 1 year) | 484,918,000 | 501,440,000 | 620,520,000 | 653,772,000 | 427,578,000 | ||||||||||
Total Fixed Assets | 1,032,602,000 | 974,489,000 | 1,176,074,000 | 1,105,330,000 | 962,736,000 | 1,143,886,000 | 1,039,613,000 | 1,049,601,000 | 943,870,000 | 1,263,793,000 | 1,271,133,000 | 1,506,957,000 | 1,023,177,000 | 341,053,000 | 346,397,000 |
Stock & work in progress | 24,563,000 | 39,510,000 | 40,165,000 | 34,641,000 | 43,539,000 | 19,130,000 | 37,619,000 | 9,525,000 | 8,609,000 | 27,297,000 | 21,716,000 | 36,501,000 | 22,769,000 | 4,172,000 | 3,547,000 |
Trade Debtors | 90,050,000 | 134,974,000 | 167,165,000 | 28,484,000 | 35,596,000 | 50,536,000 | 52,763,000 | 53,524,000 | 65,717,000 | 90,796,000 | 137,703,000 | 125,048,000 | 39,692,000 | 40,807,000 | 22,962,000 |
Group Debtors | 760,476,000 | 1,226,998,000 | 774,578,000 | 527,444,000 | 682,031,000 | 739,744,000 | 484,823,000 | 461,580,000 | 454,800,000 | 445,780,000 | 535,135,000 | 358,482,000 | 36,000 | 1,126,000 | |
Misc Debtors | 49,906,000 | 40,732,000 | 37,012,000 | 46,463,000 | 50,005,000 | 38,786,000 | 49,096,000 | 54,469,000 | 126,173,000 | 64,301,000 | 70,528,000 | 66,285,000 | 102,239,000 | 45,120,000 | 28,365,000 |
Cash | 252,000 | 194,000 | 2,901,000 | 4,813,000 | 8,151,000 | 4,723,000 | 6,138,000 | 2,362,000 | 974,000 | 1,098,000 | 13,774,000 | 4,739,000 | 130,530,000 | 134,310,000 | 95,315,000 |
misc current assets | 510,000 | 16,680,000 | |||||||||||||
total current assets | 925,247,000 | 1,442,408,000 | 1,022,331,000 | 658,525,000 | 819,322,000 | 852,919,000 | 630,439,000 | 581,460,000 | 656,273,000 | 629,272,000 | 778,856,000 | 591,055,000 | 295,266,000 | 225,535,000 | 150,189,000 |
total assets | 1,957,849,000 | 2,416,897,000 | 2,198,405,000 | 1,763,855,000 | 1,782,058,000 | 1,996,805,000 | 1,670,052,000 | 1,631,061,000 | 1,600,143,000 | 1,893,065,000 | 2,049,989,000 | 2,098,012,000 | 1,318,443,000 | 566,588,000 | 496,586,000 |
Bank overdraft | 86,111,000 | ||||||||||||||
Bank loan | 33,594,000 | 25,153,000 | 110,937,000 | 97,081,000 | 87,273,000 | 13,623,000 | |||||||||
Trade Creditors | 12,535,000 | 11,000,000 | 6,504,000 | 5,130,000 | 7,301,000 | 8,434,000 | 10,145,000 | 5,275,000 | 9,703,000 | 13,484,000 | 709,000 | 2,559,000 | 1,415,000 | 6,255,000 | 3,106,000 |
Group/Directors Accounts | 32,566,000 | 10,008,000 | 10,215,000 | ||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | 607,000 | 579,000 | 560,000 | 249,000 | 524,000 | ||||||||||
other current liabilities | 338,214,000 | 518,029,000 | 161,105,000 | 67,776,000 | 95,589,000 | 78,726,000 | 75,147,000 | 61,258,000 | 129,368,000 | 104,738,000 | 267,011,000 | 232,397,000 | 77,306,000 | 60,800,000 | 29,390,000 |
total current liabilities | 351,356,000 | 529,608,000 | 168,169,000 | 73,155,000 | 135,980,000 | 120,754,000 | 110,445,000 | 177,470,000 | 236,152,000 | 205,495,000 | 353,831,000 | 234,956,000 | 78,721,000 | 90,686,000 | 42,711,000 |
loans | 21,294,000 | 22,320,000 | 23,478,000 | 9,808,000 | 77,015,000 | 201,562,000 | 201,222,000 | 185,818,000 | 371,756,000 | 516,666,000 | 759,518,000 | 534,556,000 | 54,281,000 | 75,801,000 | |
hp & lease commitments | 10,647,000 | 11,160,000 | 11,739,000 | 4,904,000 | 5,942,000 | ||||||||||
Accruals and Deferred Income | 11,848,000 | 16,412,000 | 21,359,000 | 21,458,000 | |||||||||||
other liabilities | 4,813,000 | ||||||||||||||
provisions | 2,621,608,000 | 2,378,230,000 | 3,386,436,000 | 3,420,014,000 | 3,108,110,000 | 3,185,742,000 | 2,871,242,000 | 2,813,670,000 | 2,152,316,000 | 2,497,628,000 | 2,393,892,000 | 2,645,394,000 | 1,562,686,000 | 312,403,000 | 286,281,000 |
total long term liabilities | 1,321,451,000 | 1,200,275,000 | 1,704,957,000 | 1,714,911,000 | 1,625,128,000 | 1,693,652,000 | 1,536,232,000 | 1,406,835,000 | 1,169,067,000 | 1,446,540,000 | 1,471,691,000 | 1,723,815,000 | 1,070,079,000 | 373,994,000 | 366,381,000 |
total liabilities | 1,672,807,000 | 1,729,883,000 | 1,873,126,000 | 1,788,066,000 | 1,761,108,000 | 1,814,406,000 | 1,646,677,000 | 1,584,305,000 | 1,405,219,000 | 1,652,035,000 | 1,825,522,000 | 1,958,771,000 | 1,148,800,000 | 464,680,000 | 409,092,000 |
net assets | 285,042,000 | 687,014,000 | 325,279,000 | -24,211,000 | 20,950,000 | 182,399,000 | 23,375,000 | 46,756,000 | 194,924,000 | 241,030,000 | 224,467,000 | 139,241,000 | 169,643,000 | 101,908,000 | 87,494,000 |
total shareholders funds | 285,042,000 | 687,014,000 | 325,279,000 | -24,211,000 | 20,950,000 | 182,399,000 | 23,375,000 | 46,756,000 | 194,924,000 | 241,030,000 | 224,467,000 | 139,241,000 | 169,643,000 | 101,908,000 | 87,494,000 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 477,330,000 | 1,183,834,000 | 495,610,000 | -73,843,000 | -78,119,000 | 273,670,000 | -41,246,000 | -274,415,000 | -310,744,000 | 54,300,000 | 436,802,000 | 186,094,000 | 155,621,000 | 97,134,000 | 75,196,000 |
Depreciation | 126,851,000 | 94,445,000 | 165,755,000 | 166,079,000 | 343,894,000 | 194,889,000 | 255,320,000 | 366,630,000 | 315,135,000 | 271,220,000 | 275,663,000 | 83,384,000 | 45,490,000 | 44,350,000 | |
Amortisation | 729,000 | ||||||||||||||
Tax | -322,138,000 | -633,272,000 | -188,374,000 | 54,150,000 | 53,353,000 | -94,435,000 | 43,765,000 | 157,693,000 | 298,025,000 | -619,000 | -254,259,000 | -128,862,000 | -54,979,000 | -49,030,000 | -33,238,000 |
Stock | -14,947,000 | -655,000 | 5,524,000 | -8,898,000 | 24,409,000 | -18,489,000 | 28,094,000 | 916,000 | -18,688,000 | 5,581,000 | -14,785,000 | 13,732,000 | 18,597,000 | 625,000 | 3,547,000 |
Debtors | -518,794,000 | 304,869,000 | 343,112,000 | 60,953,000 | 366,144,000 | 242,384,000 | 17,109,000 | -77,117,000 | 45,813,000 | -142,489,000 | 193,551,000 | 407,848,000 | 54,914,000 | 35,726,000 | 51,327,000 |
Creditors | 1,535,000 | 4,496,000 | 1,374,000 | -2,171,000 | -1,133,000 | -1,711,000 | 4,870,000 | -4,428,000 | -3,781,000 | 12,775,000 | -1,850,000 | 1,144,000 | -4,840,000 | 3,149,000 | 3,106,000 |
Accruals and Deferred Income | -179,815,000 | 356,924,000 | 93,329,000 | -27,813,000 | 16,863,000 | 3,579,000 | 13,889,000 | -68,110,000 | 12,782,000 | -166,837,000 | 29,667,000 | 154,992,000 | 37,964,000 | 31,410,000 | 29,390,000 |
Deferred Taxes & Provisions | 243,378,000 | -1,008,206,000 | -33,578,000 | 311,904,000 | -77,632,000 | 314,500,000 | 57,572,000 | 661,354,000 | -345,312,000 | 103,736,000 | -251,502,000 | 1,082,708,000 | 1,250,283,000 | 26,122,000 | 286,281,000 |
Cash flow from operations | 881,611,000 | -305,993,000 | 185,480,000 | 376,251,000 | -133,327,000 | 466,597,000 | 288,967,000 | 914,925,000 | -61,020,000 | 411,483,000 | 55,755,000 | 957,880,000 | 1,310,538,000 | 117,924,000 | 350,211,000 |
Investing Activities | |||||||||||||||
capital expenditure | -9,949,000 | -22,921,000 | |||||||||||||
Change in Investments | -4,938,000 | 3,287,000 | 1,651,000 | ||||||||||||
cash flow from investments | -13,236,000 | -24,572,000 | |||||||||||||
Financing Activities | |||||||||||||||
Bank loans | -33,594,000 | 8,441,000 | -85,784,000 | 13,856,000 | 9,808,000 | 87,273,000 | -13,623,000 | 13,623,000 | |||||||
Group/Directors Accounts | -32,566,000 | 32,566,000 | -10,008,000 | -207,000 | 10,215,000 | ||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | -1,026,000 | -1,158,000 | 13,670,000 | -67,207,000 | -124,547,000 | 340,000 | 201,222,000 | -185,818,000 | -185,938,000 | -144,910,000 | -242,852,000 | 224,962,000 | 480,275,000 | -21,520,000 | 75,801,000 |
Hire Purchase and Lease Commitments | -485,000 | -560,000 | 7,146,000 | -1,313,000 | 6,466,000 | ||||||||||
other long term liabilities | -4,813,000 | 4,813,000 | |||||||||||||
share issue | |||||||||||||||
interest | 986,000 | 3,433,000 | -2,450,000 | -19,461,000 | -28,141,000 | -22,909,000 | -24,529,000 | -28,240,000 | -39,556,000 | -64,755,000 | -46,341,000 | -34,370,000 | -19,186,000 | -15,088,000 | |
cash flow from financing | -7,845,000 | -6,228,000 | 54,030,000 | -118,126,000 | -148,814,000 | -11,573,000 | 100,672,000 | -215,410,000 | -214,473,000 | -124,613,000 | -287,430,000 | 188,025,000 | 427,575,000 | -22,010,000 | 226,446,000 |
cash and cash equivalents | |||||||||||||||
cash | 58,000 | -2,707,000 | -1,912,000 | -3,338,000 | 3,428,000 | -1,415,000 | 3,776,000 | 1,388,000 | -124,000 | -12,676,000 | 9,035,000 | -125,791,000 | -3,780,000 | 38,995,000 | 95,315,000 |
overdraft | -86,111,000 | 86,111,000 | |||||||||||||
change in cash | 58,000 | -2,707,000 | -1,912,000 | -3,338,000 | 3,428,000 | -1,415,000 | 3,776,000 | 1,388,000 | -124,000 | 73,435,000 | -77,076,000 | -125,791,000 | -3,780,000 | 38,995,000 | 95,315,000 |
perenco uk limited Credit Report and Business Information
Perenco Uk Limited Competitor Analysis

Perform a competitor analysis for perenco uk limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mega companies, companies in W1S area or any other competitors across 12 key performance metrics.
perenco uk limited Ownership
PERENCO UK LIMITED group structure
Perenco Uk Limited has 3 subsidiary companies.
Ultimate parent company
PERENCO INTERNATIONAL LTD
#0058852
PERENCO PETROLEUM LTD
#0014771
2 parents
PERENCO UK LIMITED
04653066
3 subsidiaries
perenco uk limited directors
Perenco Uk Limited currently has 7 directors. The longest serving directors include Mr Jonathan Parr (Feb 2010) and Mr Fabien Musitelli (Apr 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jonathan Parr | England | 53 years | Feb 2010 | - | Director |
Mr Fabien Musitelli | England | 46 years | Apr 2021 | - | Director |
Mr Jonathan White | England | 55 years | Jul 2021 | - | Director |
Mr Gilles D'Argouges | England | 43 years | Jul 2024 | - | Director |
Mr Louis Hannecart | England | 48 years | Oct 2024 | - | Director |
Mr Baptiste Breton | England | 47 years | Jan 2025 | - | Director |
Mr Paul Duffy | 57 years | Jan 2025 | - | Director |
P&L
December 2023turnover
894.8m
-38%
operating profit
477.3m
-60%
gross margin
50.8%
-27.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
285m
-0.59%
total assets
2b
-0.19%
cash
252k
+0.3%
net assets
Total assets minus all liabilities
perenco uk limited company details
company number
04653066
Type
Private limited with Share Capital
industry
06200 - Extraction of natural gas
06100 - Extraction of crude petroleum
incorporation date
January 2003
age
22
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
8 hanover square, london, W1S 1HQ
Bank
-
Legal Advisor
-
perenco uk limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 24 charges/mortgages relating to perenco uk limited. Currently there are 0 open charges and 24 have been satisfied in the past.
perenco uk limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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perenco uk limited Companies House Filings - See Documents
date | description | view/download |
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